I'm going to look at it on Sunday. Guy told me he would take$50 for it. Any other opinions on this ride?

I also have a few general questions about Fixed geared with this old of a bike. It has cottored cranks if they are in good shape will I be able to use them? Also the owner told me over the phone that it has steel rims, and while I know they are not the lightest but are they acceptable for a budget build fixie?

Thanks